i-80 Gold (TSE:IAU) Lowered to Hold at National Bank Financial

i-80 Gold (TSE:IAU) was downgraded by equities research analysts at National Bank Financial from a “strong-buy” rating to a “hold” rating in a research note issued on Wednesday, Zacks.com reports.

IAU has been the subject of a number of other reports. Stifel Nicolaus lowered their price target on shares of i-80 Gold from C$4.10 to C$3.90 and set a “buy” rating for the company in a report on Wednesday, July 3rd. Cibc World Mkts upgraded shares of i-80 Gold to a “strong-buy” rating in a report on Wednesday, July 10th.

i-80 Gold Stock Performance

Shares of TSE IAU opened at C$1.47 on Wednesday. The company has a market cap of C$565.86 million, a PE ratio of -3.77 and a beta of 1.79. i-80 Gold has a 12 month low of C$1.05 and a 12 month high of C$2.48. The company has a debt-to-equity ratio of 38.47, a current ratio of 0.54 and a quick ratio of 1.57. The company has a 50-day simple moving average of C$1.42 and a 200-day simple moving average of C$1.52.

i-80 Gold (TSE:IAU) last issued its quarterly earnings results on Monday, August 12th. The company reported C($0.10) EPS for the quarter. The firm had revenue of C$9.83 million for the quarter. i-80 Gold had a negative return on equity of 19.88% and a negative net margin of 162.25%. On average, equities analysts anticipate that i-80 Gold will post 0.0264607 earnings per share for the current year.

i-80 Gold Company Profile

i-80 Gold Corp., a mining company, explores for, develops, and produces gold, silver, and polymetallic deposits in the United States. The Company's principal assets are the McCoy-Cove gold properties located in Lander County, Nevada; the Granite Creek gold project located in Humboldt County, Nevada; the Lone Tree project located within the Battle Mountain-Eureka Trend, Nevada; and the Ruby Hill mine in Eureka County, Nevada.